The stock market has rejected Milleri's management of the multinational eyewear company, which has lost its former luster: too much focus on finance and too little on industrial strategy. Delfin's shareholders' meeting is eagerly awaited on Tuesday.
Leonardo Maria Del Vecchio's purchase of Luca and Paola's family shares in Delfin has shaken things up at the Luxembourg holding company but raises doubts and concerns about the sustainability of a financial transaction that still faces too many...
EssilorLuxottica's Paris meeting confirms part of its board of directors. CEO and chairman of Delfin, Francesco Milleri, said: "We will return to our core values on the stock market."
EssilorLuxottica shares, once a stock market darling, have lost more than 10% in a month. There are several reasons, but the market senses that CEO Francesco Milleri has lost his temper in the banking game and not...